Key Risk Factor #4: Miscalculating Probabilities
Research shows that people have a hard time judging risk because they often miscalculate probabilities.
People have a tendency to overestimate small probabilities and underestimate large probabilities. These miscalculations can result in erroneous forecasts, estimates and projections that can catch people unprepared in times of change.
How Are You Managing This Risk?
TRAINING & DEVELOPMENT
UpsideRISK delivers educational programs to financial advisers, wealth managers and/or their clients that teaches participants about the latest findings and best practices in applied behavioral finance. Our programs promote self-awareness and experiential learning that utilize Blind Spots - our innovative online assessment that is rooted in behavioral finance research.
OUR PROGRAMS & SERVICES
Applied Behavioral Finance 101
This program provides a basic understanding of the behavioral biases and emotional responses that often cause irrational financial decision-making. It helps participants to identify these key risk factors in their decision making process and spells out methods to mitigate them.
Proficient risk taking and optimal decision making are vitally important to financial advisers and wealth managers. We provide one-on-one coaching to enhance your skill set and make sure that you are up-to-date with the latest behavioral risk profiling principles and methodologies.
Whatever the occasion we can deliver a speaking engagement on the topic of behavioral finance and risk behavior that is educational, informative and though-provoking. UpsideRISK Founder & CEO, Tyler D. Nunnally, has been invited to speak on these topics at some of the following organizations and academic institutions:
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